Todays Report: The Royal Dutch Shell Plc (RDSB) Rating Reiterated by BNP Paribas

The Royal Dutch Shell Plc (RDSB) Rating Reiterated by BNP Paribas

Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “neutral” rating reissued by equities researchers at BNP Paribas in a report issued on Tuesday. They presently have a GBX 2,250 ($27.85) target price on the stock. BNP Paribas’ price target suggests a potential upside of 2.88% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Barclays PLC raised their price objective on shares of Royal Dutch Shell Plc from GBX 2,450 ($30.32) to GBX 2,600 ($32.18) and gave the company an “overweight” rating in a research report on Tuesday, July 5th. S&P Global Inc. set a GBX 1,950 ($24.13) price target on Royal Dutch Shell Plc and gave the company a “neutral” rating in a report on Thursday, July 28th. Jefferies Group set a GBX 2,400 ($29.70) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Monday, July 11th. Societe Generale set a GBX 2,500 ($30.94) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Thursday, July 7th. Finally, Deutsche Bank AG set a GBX 2,135 ($26.42) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Monday, July 25th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 2,036.11 ($25.20).

Royal Dutch Shell Plc (LON:RDSB) opened at 2170.50 on Tuesday. Royal Dutch Shell Plc has a 52 week low of GBX 1,261.03 and a 52 week high of GBX 2,251.50. The stock’s market capitalization is GBX 173.64 billion. The stock has a 50 day moving average of GBX 1,986.92 and a 200 day moving average of GBX 1,894.82.

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